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UGA

60.029999 USD
0.45
0.74%
Last update Jun 27, 3:59 PM EDT
Pre-market
Day range
59.78000
60.23000
Previous close
60.48000
Open
60.040001
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United States Gasoline Fund, LP
60.03
0.45
0.74%

Overview

Description

The United States Gasoline Fund, LP is an exchange-traded fund designed to track the daily changes in the price of gasoline as measured by the fluctuations in the price of gasoline futures contracts traded on the New York Mercantile Exchange. This financial asset aims to offer investors a direct exposure to the gasoline market, thereby providing a hedging tool or a financial instrument for those looking to speculate on the changes in gasoline prices. The fund is especially relevant to industries revolving around transportation, logistics, and energy, where fuel price volatility can impact operations and profitability. By holding futures contracts and other gasoline-related assets, this fund plays a significant role in the commodities market, offering an accessible platform for investors to engage with energy sector dynamics without the need to engage directly in the cumbersome futures market. Through its structure, the United States Gasoline Fund, LP facilitates liquidity and transparency, offering market participants insights and opportunities in the global energy trading landscape.

About

Address
Phone
Website
Instrument type
ETF
Country
United States
MIC code
ARCX
Pre-market

Exchange is currently open for pre-market.
Main market opens in 1 day 4 hours 13 minutes

05:16
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).